Spend Management
13 min read
Cost Efficiency: Definition, Examples, and Best Practices
A complete guide to cost efficiency in operations, budgeting, and procurement. Learn definitions, examples, and top methods to cut waste and maximize ROI.
18 min read
Cost Control: A Key to Sustainable Budgeting
Explore the importance of cost control in your business. Learn practical strategies to manage your expenses and invest in lasting growth.
21 min read
Procurement Cost Reduction: How to Cut Costs Without Cutting Corners
Succeed in procurement cost reduction and don’t sacrifice the quality of your products or services. Discover strategies that actually work.
18 min read
Maverick Spend: Causes, Risks & Mitigation Strategies
Learn what maverick spend is, why it happens, and how to combat it with effective procurement strategies.
12 min read
GL Codes in Expense Tracking: Importance, Examples, and Best Practices
GL codes help businesses accurately track every transaction and ensure error-free reports. Learn how to use them for efficient expense management.
9 min read
Cost Centers: How to Understand and Optimize Them
Cost centers serve as critical components in any organization, offering a lens through which to analyze and manage expenses effectively. Read about the logic of cost centers and ways to manage them with maximum efficiency.
15 min read
Liquidity Management: Importance, Risks, and Best Practices
Liquidity management is a must-have practice for a company to meet its financial obligations. Learn how to measure liquidity and tips for improving it.
14 min read
Expense Reports: A Comprehensive Guide
Sometimes, things just have to be paid here and now, so employees reach into their pockets to cover the work-related expenses with their own money. And that's okay, as long as the company reimburses that cost. For this to happen, expense reports must come into play.
